The growth of the cosmetic surgery industry has been nothing short of astounding. Market research ReportLinker.com has found that the market for cosmetic surgery services is going to be worth $40 billion in 2013, with a compound annual growth rate of 5.2%. The market for cosmetic products is also booming with a compound annual growth rate of 9.5%. Cosmetic surgery has long been associated with ageing movie stars but in recent years, baby boomers and their children have been taking to the idea. But what's driving the growth?
Now we have research from psychologists telling us that reality TV programs like Extreme Makeover are inspiring more people to go for cosmetic surgery. Reality TV, according to the researchers, is making people think that happiness is just a nip and tuck away.
Two industries, both preying on people's vulnerabilities. There is something very sick about a system that encourages cosmetic surgery while people are dying from inadequate healthcare.
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